Time of Payment definition

Time of Payment has the meaning specified in Section 4(a).
Time of Payment means (i) in the month of July following Separation from Board Service; (ii) in the month of July following the first anniversary of Separation from Board Service; or (iii) in the month of July following the Participant’s 72nd birthday. In addition, Time of Payment also may mean, in accordance with Section 7.05 of the Plan, payment within thirty (30) days after a Change of Control.
Time of Payment. Net [**] days after the invoice is made by PSPL Location: '▇▇▇▇▇▇▇▇▇▇', ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, Pune 411016 INDIA

Examples of Time of Payment in a sentence

  • Each Paying Agent shall forthwith notify the Current Issuer, the Current Issuer Cash Manager, the Note Trustee and the other Agents if it has not, by the due date of payment to it specified in Clause 7.2 (Manner and Time of Payment), received unconditionally the full amount required for any payment.

  • Time of Payment, ------------------------------------------------- Substitute, Release Security, Etc.

  • Time of Payment of Claims‌ The Plan will pay or deny a claim within 30 days after receipt of a Proof of Loss unless The Plan makes a reasonable request for additional information or documents in order to evaluate the claim.

  • Election in the Event of Death (Put initials by your choice) ___ In the event of my death prior to, or after, the Specified Time of Payment that I have elected above, I elect to have my named beneficiaries (or my estate, if I do not have any designated beneficiaries) receive payment and transfer of the Deferred Amounts in a single lump sum within 60 days following my death.

  • Specified Time of Payment Election (Put initials by your choice) ___ I elect to have the Deferred Amounts deferred and paid to me on the later of (i) the date of my separation from service as an employee of the Company, or (ii) [________, 20__] in the form specified below.

  • The Office of Management and Budget shall calculate the amount of New Real Estate Tax Revenue each year after the Activation Date, prior to the Time of Payment pursuant to Section 3.4 of this Agreement.

  • Election for Death After Specified Time of Payment (Put initials by your choice) ___ In the event of my death after the Specified Time of Payment elected above, I elect to have my named beneficiaries receive payment and transfer of the Common Stock, cash or other deferred compensation in a single lump sum within 60 days following my death.

  • Election for Death Prior to Specified Time of Payment (Put initials by your choice) ___ In the event of my death prior to the Specified Time of Payment that I have elected above, I elect to have my named beneficiaries receive payment and transfer of the Common Stock, cash or other deferred compensation in a single lump sum within 60 days following my death.

  • Election of Specified Time of Payment (Initial one election of time of payment) ___ I elect to have all Common Stock, cash or other compensation which I become entitled to receive under the Award deferred and paid to me on the later of (i) the date of my separation from service as an employee of the Company, or (ii) [________, 20__] in the form specified below.

  • Election of Specified Time of Payment (Initial one election of time of payment) ___ I elect to have all Common Stock, cash or other compensation which I earn or become entitled to receive under the Award and Award Agreement deferred and paid, distributed, transferred and issued to me on the later of (i) the date of my separation from service as an employee of the Corporation, or (ii) _________________, 20__ in the form specified below.


More Definitions of Time of Payment

Time of Payment. The royalty shall be payable to Licensor by Licensee in United States dollars in 80 quarterly instalments in arrears, each instalment in an amount of US$250,000. The first instalment shall be made on December 30, 2004 and the remaining instalments shall be made every three months thereafter. All payments shall be made to such address as Licensor may form time to time designate.”
Time of Payment. Subject to the terms of the Agreement, payment of the value of each unit shall be made in cash in April, 2002, provided that the awardee was an employee of one of The Meditrust Companies on December 31, 2001. Schedule I Excise Tax Gross-Up -------------------- The determination of any additional payment payable pursuant to Section 4.3 of the Agreement shall be made in accordance with the following provisions:
Time of Payment. Each party agrees to pay each invoice (with all such invoices to comply with the Goods and Services Tax Act 1985) received by it from the other party by the relevant date specified in this agreement or, if no such date is specified, by the 20th of the month following the month in which the invoice was received (Due Date).
Time of Payment. Employer contributions for any Plan Year may be paid to the Trustee in one sum or in several installments on any date or dates the Employer elects, provided that the Employer contribution for any Plan Year is paid in full before the date prescribed by law for filing the tax returns for the Employer's taxable year including extensions for which application has been timely made; provided, however, that the Employer contribution for any Plan Year is paid in full to the Trustee prior to or coincident with the date the Employer's tax return actually is filed. The Employer will pay the salary reductions and voluntary contributions made by payroll deduction elected by the Participants, if any, to the Trustee at the earliest date on which contributions reasonably can be segregated from the Employer's general assets, but no later than as required or permitted by applicable statute or regulatory requirements. FORM OF PAYMENT: Employer contributions may be made in cash or in property in which the Trustee is authorized to invest the Trust Fund, or both, subject to any restrictions or limitations provided in the prohibited transaction provisions of the Code and ERISA. Contributions of property other than cash will be subject to the approval of the Trustee and the Committee. If an investment manager has been appointed, contributions of property other than cash will be subject to the investment manager's approval in lieu of Trustee approval.
Time of Payment means 10:30 a.m. on the Maturity Date if the Maturity Date is stipulated in this Agreement.

Related to Time of Payment

  • Date of Payment means the date on which NYSERDA requisitions a check from its statutory fiscal agent, the Department of Taxation and Finance, to make a Payment.

  • Due Date of Payment means the date on which the amount payable by the DISCOM to the solar power developer hereunder for Delivered Energy, if any, supplied during a billing month becomes due for payment, which date shall be thirty (30) days from the meter reading date provided the bill is received by DISCOM within 5 working days from meter reading date, and in the case of any supplemental or other bill or claim, if any, the due date of payment shall be thirty (30) days from the date of the presentation of such bill or claim to the designated officer of DISCOM. If the last date of payment falls on a holiday, the next working date shall be considered as last date.

  • Schedule of Payments means the schedule of payments disclosed on a Contract.

  • Place of Payment when used with respect to the Securities of any series, means the place or places where the principal of and any premium and interest on the Securities of that series are payable as specified as contemplated by Section 301.

  • weekly rate of pay means an employee’s annual rate of pay divided by 52.176.